Assets vs Liabilities (with Examples)︱Investing Basics︱Building Wealth

What is an asset? What is a liability? This video goes over the differences along with providing examples of each.

Assets and liabilities are defined in a simple (non technical way) to make the concepts easily understandable. I also explain how to build wealth using assets and how liabilities can prevent us from doing so. A detailed example with calculations is included to visualize the power of investing in assets!
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Disclaimer: This video is for educational and entertainment purposes only. I am NOT a financial advisor; this video is not financial advice. Investing involves risks including loss of your initial invested amount (principal) or any possible profits made from your investment. Please do you own research before investing. Please be aware that the information in this video might be outdated in the future. Responses to questions in the comment section are also not financial advice.

Видео Assets vs Liabilities (with Examples)︱Investing Basics︱Building Wealth канала Sipan's Channel